Millennium Management Portfolio holdings
Millennium Management, founded in 1989 by Israel (Izzy) Englander and Ronald Shear and headquartered in New York City, is a global multi-strategy hedge fund managing over $71 billion in assets as of late 2024, employing a decentralized model with over 300 independent trading teams. Operating across equities, fixed income, commodities, currencies, and derivatives, the firm uses a mix of quantitative and fundamental strategies, providing its portfolio managers with capital, infrastructure, and autonomy to pursue diverse investment approaches while enforcing strict risk management. With more than 5,400 employees across offices in London, Hong Kong, Singapore, and beyond, Millennium has evolved from its initial $35 million seed capital—partly from the Belzberg family—into a titan of the hedge fund world, known for its ability to attract top talent and deliver consistent returns. Under Englander’s leadership as chairman and CEO, the firm remains a low-profile yet highly influential force in global finance.
Top Buys
| Rank | Stock | Value |
|---|---|---|
| 1 |
Linde
LIN
|
+$374M |
| 2 |
AT&T
T
|
+$293M |
| 3 |
NVIDIA
NVDA
|
+$291M |
| 4 |
State Street Energy Select Sector SPDR ETF
XLE
|
+$283M |
| 5 |
Williams Companies
WMB
|
+$274M |
Top Sells
| Rank | Stock | Value |
|---|---|---|
| 1 |
Invesco QQQ Trust
QQQ
|
+$1.09B |
| 2 |
Lam Research
LRCX
|
+$351M |
| 3 |
iShares Russell 2000 ETF
IWM
|
+$330M |
| 4 |
Apple
AAPL
|
+$328M |
| 5 |
Boeing
BA
|
+$292M |
Sector Composition
| Rank | Sector | Weight |
|---|---|---|
| 1 | Technology | 8.37% |
| 2 | Healthcare | 7.97% |
| 3 | Financials | 6.13% |
| 4 | Consumer Discretionary | 5.62% |
| 5 | Industrials | 5.59% |
| Name | Market Value | Portfolio Weight | Shares or Principal |
Change in Stake | Capital Flow | |
|---|---|---|---|---|---|---|
2476
Amerant Bancorp
AMTB
$1.16B
| $5.45M | ﹤0.01% |
250,532
+174,252
| +228% | +$4.64M |
|
2477
Canadian Imperial Bank of Commerce
CM
$109B
| $5.45M | ﹤0.01% |
128,666
-32,344
| -20% | -$1.42M |
|
2478
CALL
Li Auto
LI
$12.9B
| $5.45M | ﹤0.01% |
+218,400
| New | +$5.16M |
|
|
ZUO
2479
DELISTED
Zuora, Inc.
ZUO
| $5.45M | ﹤0.01% |
551,199
+363,157
| +193% | +$3.04M |
|
2480
Generac Holdings
GNRC
$11.9B
| $5.42M | ﹤0.01% |
50,220
-581,040
| -92% | -$67.2M |
|
|
RCFA
2481
DELISTED
Perception Capital Corp. IV
RCFA
| $5.42M | ﹤0.01% |
520,000
-944,970
| -65% | -$9.8M |
|
|
VMGA
2482
DELISTED
VMG Consumer Acquisition Corp. Class A Common Stock
VMGA
| $5.42M | ﹤0.01% |
525,000
-22,165
| -4% | -$228K |
|
2483
Clear Channel Outdoor Holdings
CCO
$1.23B
| $5.42M | ﹤0.01% |
4,518,710
+1,529,653
| +51% | +$2.25M |
|
2484
iShares Russell Mid-Cap Growth ETF
IWP
$20.1B
| $5.42M | ﹤0.01% |
+59,473
| New | +$5.31M |
|
2485
NETSCOUT
NTCT
$2.98B
| $5.41M | ﹤0.01% |
188,744
+160,991
| +580% | +$4.82M |
|
2486
FB Financial Corp
FBK
$3.05B
| $5.41M | ﹤0.01% |
173,912
+155,688
| +854% | +$5.56M |
|
2487
Duke Energy
DUK
$96.9B
| $5.4M | ﹤0.01% |
56,005
+52,334
| +1,426% | +$5.17M |
|
|
PRVB
2488
PUT
DELISTED
Provention Bio, Inc. Common Stock
PRVB
| $5.4M | ﹤0.01% |
+224,200
| New | +$2.81M |
|
2489
CALL
Steris
STE
$22.7B
| $5.39M | ﹤0.01% |
28,200
-37,000
| -57% | -$7.15M |
|
|
PFC
2490
DELISTED
Premier Financial Corp. Common Stock
PFC
| $5.39M | ﹤0.01% |
259,861
+62,927
| +32% | +$1.54M |
|
2491
CALL
Otis Worldwide
OTIS
$27.5B
| $5.38M | ﹤0.01% |
+63,800
| New | +$5.28M |
|
2492
MGE Energy Inc
MGEE
$3.02B
| $5.38M | ﹤0.01% |
69,242
+15,966
| +30% | +$1.16M |
|
2493
CALL
Fastly Inc
FSLY
$3.6B
| $5.38M | ﹤0.01% |
+302,700
| New | +$3.85M |
|
2494
Universal Electronics
UEIC
$59.6M
| $5.36M | ﹤0.01% |
528,464
+334,336
| +172% | +$5.82M |
|
2495
Gladstone Investment Corp
GAIN
$662M
| $5.35M | ﹤0.01% |
403,837
-85,781
| -18% | -$1.16M |
|
2496
Ribbon Communications
RBBN
$373M
| $5.35M | ﹤0.01% |
1,564,281
+1,223,536
| +359% | +$4.47M |
|
|
BBT
2497
Beacon Financial Corp
BBT
$2.69B
| $5.35M | ﹤0.01% |
213,394
+181,032
| +559% | +$5.17M |
|
2498
Stepan Co
SCL
$1.44B
| $5.34M | ﹤0.01% |
51,826
+42,135
| +435% | +$4.43M |
|
2499
Marathon Digital Holdings
MARA
$4.48B
| $5.33M | ﹤0.01% |
611,607
+226,859
| +59% | +$1.58M |
|
2500
PUT
Western Alliance Bancorporation
WAL
$9.04B
| $5.33M | ﹤0.01% |
+150,000
| New | +$9.19M |
|
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Millennium Management's Q1 2023 Portfolio in Review
As of Q1 2023, Millennium Management held 7,511 positions worth $174B, down 3.5% from $181B the previous quarter. Its ten largest holdings account for 25% of the portfolio.
Millennium Management withdrew a net $18.1B in Q1 2023, closing 1,210 positions and reducing 2,570 holdings. Its most notable exit was Apollo Global Management, an estimated $112M position sold in full.
By sector, the portfolio is most concentrated in Technology at 8.4% of assets, up from 8.2% a quarter earlier, followed by Healthcare and Financials.
Against the trend, Millennium Management opened a new position in Warner Bros worth $96.9M.
- Millennium Management's largest Q1 2023 buy was Warner Bros: 6,417,147 shares worth $96.9M.
- Millennium Management added most to Linde in Q1 2023, an estimated $374M increase.
- Millennium Management's biggest Q1 2023 reduction was Invesco QQQ Trust, cutting an estimated $1.09B.
- Millennium Management fully exited Apollo Global Management in Q1 2023, selling an estimated $112M.
- Millennium Management's ten largest holdings make up 25% of its $174B portfolio in Q1 2023.
- Millennium Management opened 988 new positions and closed 1,210 in Q1 2023.
- Millennium Management's portfolio value fell 3.5% quarter-over-quarter to $174B.
Based on Millennium Management's 13F filing for Q1 2023, filed 15 May 2023.